Creditors to Jet Airways have approved a resolution plan which will give the country’s oldest private carrier a new lease of life, the airline said in a regulatory filing on Saturday. Eighteen ...

The clock has started ticking for the troubled EPC contractor McNally Bharat Engineering Company Ltd. The State Bank of India has issued a notice to the company invoking the SARFAESI Act, which is use...

In 2016, Airtel has entered into the Rs 3,500-crore deal with Aircel to acquire rights to use the latter’s 4G spectrum in eight telecom circles – Tamil Nadu (including Chennai), Bihar...

The government on Thursday extended the suspension of fresh insolvency proceedings under the insolvency law by three months till December 25. The six-month period of suspension, which was effective fr...

Finance minister Nirmala Sitharaman on Saturday said insolvency proceedings against corporate debtors as well as personal guarantors should be considered together for a comprehensive resolution. ...

The first meeting of the stakeholders’ consultation committee of Incab Industries will take place in Calcutta on Thursday. The meeting was called by Shashi Agarwal, who has been appointed liqui...

Urjit Patel’s virtual dismissal and Viral Acharya’s resignation from the Reserve Bank of India are old news. Its capture by the Delhi government is extreme even by Indian standards; but no...

The Supreme Court on Monday said spectrum cannot be sold or shared by wiping out government dues. The new party cannot take over the spectrum free of liabilities. The bench also reserved its verdict ...

Animal spirits, the primordial driver of growth that is unquantifiable, are once more in the spotlight. The current context is the dire growth outlook from the Covid-19 impact, future prospects and ho...

Rahul Gandhi has asked Prime Minister Narendra Modi why he did not want to take an action against bank defaulters, responding to revelations made by former RBI governor Urjit Patel in his book that di...